UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 26, 2009
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PLATINUM ENERGY RESOURCES, INC.
(Exact name of registrant as specified in its charter)
Delaware (State or other jurisdiction of incorporation) | 000-51553 (Commission File Number) | 14-1928384 (IRS Employer Identification No.) |
11490 Westheimer Road, Suite 1000
Houston, Texas 77077
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code: (845) 323-0434
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 26, 2009, Norman Rosenberg delivered to the Platinum Energy Resources, Inc. (the “Company”) a written notice of his intent to resign from his position on the Board of Directors of the Company effective March 16, 2009. Mr. Rosenberg stated that he is resigning for personal reasons and not as a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
On March 2, 2009, the Board of Directors of the Company (the “Board”) removed Barry Kostiner as Chief Executive Officer of the Company and appointed Al Rahmani as Interim CEO. Mr. Kostiner will remain with the Company and will also continue as a member of the Board.
Mr. Rahmani, 63, has been a Director of the Company since February 2009 and served as a Managing Director of A.R. Development Inc., a technical engineering and financial services consulting firm between 1995 and December 2008. Mr. Rahmani received a B.S. in civil engineering and a M.S. in civil/environmental engineering from the University of Massachusetts.
| Item 5.03 | Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. |
On March 2, 2009, the Company amended its bylaws to remove the executive powers previously granted therein to the Chairman of the Board.
A copy of the amended bylaws is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
99.1 Amended and Restated Bylaws of Platinum Energy Resources, Inc.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | PLATINUM ENERGY RESOURCES, INC. |
| Dated: March 4, 2009 | | | |
| | | By: | /s/ Al Rahmani |
| | | | Al Rahmani |
| | | | Interim Chief Executive Officer |
